Sparty

At the blog Vodkapundit.com, there is a very good defense of the U.S. invasion of Iraq using a poker analogy. I would add that not invading Iraq and allowing the sanctions to end would very well have meant the demise of the United Nations.  If Saddam was allowed to spend twelve years defying numerous U.N. resolutions  what [...]

This clip on YouTube is a damning portrait of who bears some of the responsibilities for the financial crisis.  Granted these are selected clips from the hearing, but it does show the then Republican majority criticizing the way Franklin Raines and the other directors ran Fannie Mae and Freddie Mac.  At the same time you have [...]

Contrary to my belief in the merits of the free-market, I supported the $700 billion bail-out—partly out of selfishness because I did not want to see my 401k statement if it didn’t pass.  Supporting the free-market can be difficult, especially when you are living through tough times.  After reading article by Joseph Calhoun I am [...]

State farm income data released by the Bureau of Economic Analysis shows the federal subsidies for ethanol production have not been the boon to farmers as politicians hoped it would.  An article in the Washington Times describes the over-construction of plants to produce ethanol from corn has stretch the capacity of farmers to produce enough [...]

According to The Washington Times, 25% of the legislation passed by the current Congress involved the renaming of post offices. I guess I need to get up to speed on current events–I did not realize the federal government had solved the problems of the looming Social Security and Medicare shortfall; the energy crisis; and the [...]

How is it that the media spends hours parsing every word of Gov. Palin, yet ignores the idiotic things that come out of the mouth of Senator Biden?  Yesterday he said that when the stock market crashed in 1929, President Roosevelt got on television to reassure the American people.  First of all, Herbert Hoover was [...]

This article talks about the many gas stations throughout the country who are experiencing shortages.  Hurricane Ike caused the shutdown of many oil refineries along the Gulf coast, resulting in a drop in the supply of gasoline.  Yet the real reason for the lack of gas at many stations was not the hurricane, but the inane government policies [...]

In today’s Washington Times, the head of the Knights of Columbus Carl Anderson has an open letter to Senator Joe Biden, calling out the “Catholic” Democratic vice-presidential nominee on his stance on abortion.  You can read the letter here.  As a fellow Knight, I agree with the contents of the letter.  I wonder if Senator Biden [...]

It seems Senator Obama is somewhat overjoyed at the recent downturn in the stock market.  It has taken the focus off of the Senator McCain’s selection of a running mate and it has allowed him to put the blame of the financial problems on President Bush and in turn on Senator McCain.    One attack [...]

For the past couple of weeks stories of the demise of Fannie Mae and Freddie Mac have filled the front pages of newspapers and the Internet.  There are a number of explanations as to what brought about their collapse, but a simple one is the people who received the rewards of the returns on the [...]